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Delta Air Lines

1,182 hedge funds and large institutions have $26B invested in Delta Air Lines in 2025 Q2 according to their latest regulatory filings, with 188 funds opening new positions, 444 increasing their positions, 388 reducing their positions, and 118 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more first-time investments, than exits

New positions opened: 188 | Existing positions closed: 118

30% more funds holding in top 10

Funds holding in top 10: 1013 (+3)

14% more repeat investments, than reductions

Existing positions increased: 444 | Existing positions reduced: 388

12% more capital invested

Capital invested by funds: $23.3B → $26B (+$2.69B)

5% more funds holding

Funds holding: 1,1261,182 (+56)

2% less call options, than puts

Call options by funds: $1.51B | Put options by funds: $1.55B

1.89% less ownership

Funds ownership: 82.68%80.79% (-1.9%)

Holders
1,182
Holders Change
+56
Holders Change %
+4.97%
% of All Funds
15.56%
Holding in Top 10
13
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+30%
% of All Funds
0.17%
New
188
Increased
444
Reduced
388
Closed
118
Calls
$1.51B
Puts
$1.55B
Net Calls
-$36.9M
Net Calls Change
-$579M
Name Holding Trade Value Shares
Change
Change in
Stake
CII
101
Capital International Inc
California
$24.5M +$7.72M +168,149 +51%
Swiss National Bank
102
Swiss National Bank
Switzerland
$24.3M +$1.8M +39,100 +9%
BBVA
103
Banco Bilbao Vizcaya Argentaria
Spain
$24.3M -$8.41M -183,128 -27%
National Bank of Canada
104
National Bank of Canada
Quebec, Canada
$23.6M +$10.5M +227,673 +90%
Parallax Volatility Advisers
105
Parallax Volatility Advisers
California
$23.3M -$22.6M -492,988 -51%
Sumitomo Mitsui Trust Group
106
Sumitomo Mitsui Trust Group
Japan
$23.3M +$3.23M +70,270 +17%
IC
107
IEQ Capital
California
$23.1M +$16.8M +366,725 +353%
CA
108
CSM Advisors
Pennsylvania
$22.8M +$21.3M +462,822 New
Treasurer of the State of North Carolina
109
Treasurer of the State of North Carolina
North Carolina
$22.4M +$6.91M +150,395 +49%
WP
110
Woodline Partners
California
$22.1M -$9.29M -202,361 -31%
Assenagon Asset Management
111
Assenagon Asset Management
Luxembourg
$22.1M +$9.57M +208,391 +86%
Arrowstreet Capital
112
Arrowstreet Capital
Massachusetts
$21.5M +$20.1M +437,516 New
Universal-Beteiligungs- und Servicegesellschaft
113
Universal-Beteiligungs- und Servicegesellschaft
Germany
$21.3M +$676K +14,712 +4%
BCM
114
BlueCrest Capital Management
Jersey
$20.5M +$19.2M +417,798 New
GAM
115
Gotham Asset Management
New York
$20.4M -$1.67M -36,461 -8%
D.E. Shaw & Co
116
D.E. Shaw & Co
New York
$20.3M -$7.49M -163,210 -28%
Grantham, Mayo, Van Otterloo & Co (GMO)
117
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$20.1M +$9.1M +198,107 +94%
FAM
118
Fred Alger Management
New York
$19.9M -$503K -10,953 -3%
TD Asset Management
119
TD Asset Management
Ontario, Canada
$19.7M -$6.73M -146,560 -27%
Envestnet Asset Management
120
Envestnet Asset Management
Illinois
$19.6M +$1.53M +33,420 +9%
HIIFS
121
Harel Insurance Investments & Financial Services
Israel
$19.5M +$8.03M +174,820 +79%
WP
122
Waycross Partners
Kentucky
$18.8M +$17.6M +382,488 New
Prudential Financial
123
Prudential Financial
New Jersey
$18.7M -$437K -9,509 -2%
Ohio Public Employees Retirement System (OPERS)
124
Ohio Public Employees Retirement System (OPERS)
Ohio
$18.1M +$2.46M +53,645 +17%
Cerity Partners
125
Cerity Partners
New York
$18M +$2.3M +50,038 +16%

DAL Hedge Fund Activity: Q2 2025 in Review

1,182 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Delta Air Lines (DAL) for Q2 2025, worth a combined $26B — up 12% from $23.3B a quarter earlier.

Buyers outnumbered sellers: 188 funds opened new DAL positions and 118 closed out — a net gain of 70 holders — while 444 added to existing stakes and 388 trimmed.

The largest buyer was Capital International Investors, adding an estimated $355M. The largest seller was Capital World Investors, cutting an estimated $423M.

  • 1,182 institutional investors held Delta Air Lines (DAL) as of Q2 2025, up from 1,126 in Q1 2025.
  • Funds reported $26B of Delta Air Lines stock for Q2 2025, up 12% quarter-over-quarter.
  • 188 funds opened new Delta Air Lines positions in Q2 2025 and 118 closed out, a net change of +70 holders.
  • The largest Delta Air Lines buyer in Q2 2025 was Capital International Investors, an estimated $355M added.
  • The largest Delta Air Lines seller in Q2 2025 was Capital World Investors, an estimated $423M sold.

Based on aggregated 13F filings for Q2 2025.